VietlawOnline

blue-check Regarding VAT rate applicable to medical equipment

Official letter No. 832/TCHQ-TXNK dated March 14th, 2022 of the General Department of Vietnam Customs regarding application of value added tax rate to medical devices and equipment
Posted: 16/3/2022 9:37:19 AM | Latest updated: 18/3/2022 5:18:30 PM (GMT+7) | LuatVietnam: 5414 | Vietlaw: 556
VietlawOnline

From August 1st, 2021, the VAT policy applicable to medical equipment shall be carried out according to the regulations at Article 1 of Circular No. 43/2021/TT-BTC .

Accordingly, upon importing goods items on the List of medical equipment and devices promulgated at Circular No. 14/2018/TT-BYT, enterprises shall be eligible to declare and apply 5% VAT in default.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article

Related documents

Penalty document

Unknown

Information
Effective Date Unknown
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 556

Files attachment

vnflag pdficon CV832-14032022TCHQ.pdf
vnflag wordicon CV832-14032022TCHQ.docx
enflag pdficon CV832-14032022TCHQ[VLO].pdf

Flow

Thuế GTGT thiết bị y tếCập nhật đến: 20-Jun-2022

Timeline

No data

Medical

blue-check Amendments to reglations on procurement of and bidding for drugs and medical equipment
blue-check Reply to some issues relating to import of medical devices
blue-check The Prime Minister mentions the improvement of healthcare for the general public
blue-check It is allowable to circulate Class-C or D medical devices right after the import
blue-check New regulations on granting import permit to and inspection of medical devices
blue-check Roadmap for mandatory implementation of electronic prescription is delayed to December 31st, 2022
blue-check Conditions for applying 5% VAT to medical equipment before and after August 1st, 2021
blue-check Amendments to 6 Circulars on criteria for title of healthcare public employees
blue-check From January 1st, 2022: It is required to disclose prices of medical devices on the Ministry of Health’s website
blue-check Process for connecting with national information system on prescription management and sale of prescription drugs
blue-check Regarding VAT rate applicable to medical equipment
blue-check Plan for prevention and control of non-communicable diseases for the period of 2022-2025
blue-check List of medical supplies used for epidemic prevention and control subject to suspension of the business of temporary import, re-export from March 15th, 2022
blue-check Guidelines on medical affairs in schools
blue-check Criteria for recognition of hospitals for excellence in breastfeeding support
blue-check Disclosure of the Report on assessment reults of rehabilitation system situation in Vietnam
blue-check Requirements of drug mixing at hospitals
blue-check Guidelines for professional training in occupational health
red-check Amendments to many regulations on circulation of medical equipment
blue-check Conditions for performing diagnosis of narcotic substance dependence